From the press release:
Today the Brennan Center for Justice at NYU School of Law released Paper Thin: The Flimsy Facade of Campaign Finance Laws in New York. The report documents flaws in New York's campaign finance law and enforcement regime that render New York's already high contribution limits functionally meaningless.As they like to say in the blogosphere, read the whole thing!
"Some states admit they don't have reasonable campaign finance reform laws. New York pretends to address the influence of money in politics, but in reality its regulatory system is among the worst in the nation," stated Michael Waldman, Executive Director of the Brennan Center.
The report finds that New York's contribution limits, which climb as high as $84,400, are the highest in the country for many categories of contributions. In fact, in some categories, New York's contribution limits would still rank among the nation's highest even if they were cut in half. The consequences of such laws can be seen in practice. According to Common Cause/NY, fifty-five percent of New York State campaign funds received by candidates during the 2002, 2004 and 2006 election cycles have come via checks written for more than $2,100.
"To make matters worse, loopholes in New York's campaign finance laws render even our extraordinarily high contribution limits meaningless," stated Suzanne Novak, Deputy Director of the Democracy Program at the Brennan Center and the lead author of the report.
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Categories: General, Campaign Finance